T+1 Settlement of Securities Trades
I wrote an article in the Financial Express today about T+1 settlement of securities trades. The argument in this article is that the separation of trading and settlement made sense when settlement was time consuming and laborious. Today with electronic settlement, trading and settlement must be brought closer together. T+1 is the way forward, but it is by no means the destination. The article can also be read at my website.
Posted at 5:40 pm IST on Mon, 17 Oct 2005 permanent link
Categories: exchanges, regulation
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